H.R.194: To amend the Small Business Act to increase the maximum amount for which a loan can be made under the Microloan Program.

About This Bill

Bill Summary

Amends the Small Business Act to increase from $35,000 to $50,000 the maximum individual loan amount under the Microloan Program (a program of start-up assistance for women, low-income, veteran, and minority entrepreneurs and business owners and businesses located in economically distressed areas).

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Small Business.
Jan. 4, 2005

Introduced in the House by Linda T. Sánchez (D-Calif.)

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